Cost of Living

The cost of living here is low compared to most locations across Canada and the US. Families can still find housing and land in Truro:::Colchester at prices that are 25-50 % lower than in neighbouring Halifax – a larger urban centre. Even waterfront homes are considered a bargain by North American standards.

The Cost of Living Index for Truro:::Colchester shows the following annual rates of inflation.

2004 – 1.8 %
2005 - 2.8%
2006 - 2.0%
2007 - 1.9%